Alternative Fund
Co-GP and JV equity in utility-scale infrastructure and real assets — anchored by contracted cash flow, experienced operators, and disciplined underwriting.
Infrastructure with durable, contracted cash flow.
HWG Alternative Investments targets durable, hard-asset cash flow across the infrastructure and real-asset economy — compounding capital alongside best-in-class operators by owning essential, hard-to-replicate assets with high barriers to entry, contracted revenue, and long-duration demand. Our focus spans utility-scale energy and transmission, data center campuses, digital infrastructure such as cell towers and fiber, waste and environmental services, the logistics and supply-chain value chain, and strategic commercial real estate — the infrastructure “halo” assets where essential infrastructure, logistics, and CRE converge. We take Co-GP and JV equity positions in direct assets and at the platform level, across North America and EMEA.
A disciplined, three-part approach.
What We Target
- Utility-scale energy infrastructure — renewables, battery storage, transmission — and data center campuses
- Digital infrastructure (cell towers, fiber), waste & environmental services, and the logistics value chain
- Co-GP and JV equity in direct assets or at the platform level; board participation preferred
How We Underwrite
- We actively pursue early-stage opportunities with well-placed, risk-adjusted yields — alongside a preference for late-stage / pre-NTP assets
- Cash flow anchored by long-term PPAs, leases, or hyperscaler contracts
- Conservative underwriting, stress-tested to downside scenarios; upside via merchant power, RECs, or tax credits
How We Partner
- Co-GP and JV positions with governance rights and structural alignment
- Check size $75M–$500M (preferred $75M–$250M)
- Long-term, aligned capital alongside experienced operating partners
Explore a partnership with HWG.
We move with speed, precision, and conviction alongside best-in-class operators.
Contact Us